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Well put it this way, If Dana were to close shop altogether, the US economy would be hurt, BAD. Trash would not get picked up, (Dana PTO and Transfer cases), Fire engines would not spit out water,..., and we would be at the mercy of those little itty bitty trucks they use in Europe to transport our products. It would be like boeing shutting down and not offering vital airplane replacement parts to their customers. Airplanes would stop flying! DANA parts are key components in the US transportation industry. I would bet everything I own that there will be a DANA (or othername) post BK. Our economy depends on it.
Thanks! I am sure you have done more DD than me on this one. I feel the courts should include the common shareholder in recovery as they have done with dphiq. I just could not find anything specific as I dug thru all the legal jargon. My understanding is/was it was a definite no-value to the common shareholder. Maybe I was wrong, however I admit I need to go back and read the docs more closely.
PS> Given some major run-ups on post BK companies such as Healthsouth, K-mart,... I am looking for a good BK spec play. I am just trying to figure out the details. Not bashing, not shorting..., just looking for a diamond in the rough. There is no question in my mind that this will emerge as a leaner, meaner, viable company and is backed by some big money. My understanding is the old common shareholder will get nothing after emergence?
Agree this has made a nice pop today. A better question is, if they put out a PR that they will exit from BK this friday, would you still be holding your shares on Thursday? ...given all the info we have about the BK plan at this point.
I am not bashing the company with the TP analogy... Under the BK plan, old common shareholders get nothing. No conversion etc... so tell me how the common shareholder will get anything. Its like the hot potato thing. Whoever is left when the buzzer rings (BK emergence) get nothing. You are better off in Delphi if you have any time horizon over a month. Until then, good luck flippin!
Shares being worthless after BK emergence is reality, not perception. No gray area, just reality. Please show me any hope, mention,... in the BK plan or elseware that shows any hope otherwise and I will be a strong buyer as this would be a bargain. No shorts left, just long sellers with a boatload of paper that will be worth less than TP in a month. (TP is tangible... you can touch the Charmin) PS> I am not trying to start a debate and my opinion of predatory shorts is just above prisoner and prison guard (2 lowest life forms) Show me any possibility that I could be wrong and I will agree with you.
Don't trust the trading... shares will be worthless and this is tepper and other hedges selling you worthless paper. Tepper may be holding shares, however he is covered in the BK emergence plan... You are not! There is no conversion as is with Dephi... those shares (DPHIQ)will be worth something. I bought 40,000 shares of dana at .019 last week and was happy to get out at .03 after reading the BK docs and realizing how stupid I was to even buy in. Once again, the shares being traded will have no value. Short selling is done... They are just trading this as a head fake to maximize as much profit out of the small guy before these worthless shares stop trading in a few weeks.
This stock is a bargain. Bought 10k for a 6 month play. Looks like the common stock holders will at least get a 3 bagger by March. Current valuation should be hovering around 50 cents. People are so clueless right now! CAN I GET A NOTHER Warvy Harbinger please bartender. BUY NOWWWWWWWWWWWWWWW or REGRET FOREVER. Just in case people were asleep Friday after close...something big happened!
Just checking back in months later to say, "I told you so" Looks like your ship will never sail. This stock was a joke on day 1, a year ago, now, and forever into the future. O
LOL, What a waste of time. I can't believe I see the same old names posting on this lemon. SEC is still sitting on their azzez. AURC and NDOL/NWOG/NWOL will go down in history as the two biggest Russian stock pinky scams in history.
Trade Halt?
Well unless you take Party's repost of my out of context AURC post, then to me I take it as an aurc discussion board until then.
Yes post 31404 and 31414. You can leave those up as long as you go to the AURC hub archives and post the 5 messages prior and 5 messages after the referenced post. PS> Most of them were deleted for no reason but fair is fair.
Then delete the personal attacks against me if you want to be fair. You allow out of context post about me and I cannot refute it? Come on... DELETE THE OTHERS AS WELL
A one sided board.
Stop deleting my post...if you do, then delete all post refering to me. This is getting to be exactly like the AURC board.
Party. You are a total joke...you remind me of the infamous name dropper tim zelenka (mr pink shorts). Yes I was banned by a one-sided moderator, and no I am not fighting to get back on that board as I said my peace. Just get the word out to my haters, "I told you so". It will sink in eventually. As for the other stuff, none of your business as I know who I am and thats all that matters. It is really noones business but mine. And yes, you and the other Aurc gullables, like to take snippets and post out of context, so therefore you and them deserve to be down as much as you are. Capiche.
Thanks eik. Didn't mean to offend any NWOG holders...just calling it like I see it, and like sagan pointed out... I am often wrong. Good luck with your investments. I may not agree with some longs, however most on here are at least educated enough to see thru the BS of some posters AND at least offer an educated debate...unlike some one sided posters on AURC. Just like that MM500 or whatever that losers name is...you can read him/her like a book. I at least rolled the dice, that guy just spouts off at the mouth for no reason. One of those people who don't invest a dime, wait to see what happens the next day...and then claims to have called it perfect. What a joke he is.
The only way to prove I am lying is for shareprice to at least hit 10 cents, and even then you will be way down... but I will give you a victory if it does. So, on that note, I would say shut up until at least you can prove me wrong. Your just bitter you bit the Aurc hook and refuse to admit you have been scammed. Same thing with NWOG. Please don't bother me until you are right. I am too busy right now building a company I intend to take public...and it won't be a pink sheet listing. Real companies don't do it that way. They stay private until they have something real to offer on a real exchange.
Quite a bargain if you are gullable. How much are you down? Yeah, I call that a bargain. Same with AURC Bargain...yeah right! lol. A big wakeup call is about to hit on that one...and this one will follow shortly.
This one and AURC (even bolder scam) are both done. No doubt about it.
They cannot uplist if they wanted to. If they started now with legitimate audits (which they don't have), it would be at least a year or more for SEC to approve...however AURC is nowhere near compliance. What to do next?... Bogus buyout from an OTCBB shell... Hello SGDM. Its like hot potato right now, may explode if SEC steps in, however I think it will run its course and may never happen due to SEC not approving the buyout (really a merger), but I won't go into that as most here don't understand.
lol. Thats funny. How do I create misery? I just state my realistic opinion to keep it somewhat balanced. Trust me, when its all said and done, they will play the SGDM buyout card and they might as well flash that in neon, because it is obvious what they want people to believe "the rumor that they must address". Seems to me they have been hanging out on these message boards...getting their ideas for the next PR. Read it like a book.
Nice day! The way people are talking you wouldn't think it dropped like it did. Crazy optimism. Cracks me up.
Dewfiend23. There was also an audit a year ago that got this nowhere but down. Use your gut. Don't listen to me or anyone. If its too good to be true, you know the rest. Most longs here have lost a substantial amount of money and will always believe despite the obvious.
I'm not trying to convince you of anything. I am offering information so use it as you may. Mark my words, if AURC releases info about the "so-called buyout rumors", the other party will be SGDM who has absolutely nothing to offer but a OTCBB shell with a big R/S coming down the pipe. Watch and learn. If the SEC doesn't get to it first, you may have a spike (on news of OTCBB exchange) followed by a huge selloff.
Guess what. AURC longs are up to 90% down. I think that makes me right until at least they hit thier breakeven point. Am I wrong? Talk to me at even 10 cents and tell me I'm wrong but until then I am the rightest person on this board. Call me a joke, bafoon, whatever, but I am at least right until proven otherwise in shareprice. That is the real debate...isn't it. If it doesn't translate to money and the current market price...no longs have an argument. Its not the shorts fault, not the flippers, so called bashers...look in the mirror and blame yourself.
Think what you will, but you will agree with me in time. I guarantee it. Again, hello... I have no connections to trading institutions, shorts... and have never ever had the intention of swaying this stock up or down. I call it like I see it, and this one stinks. Period. I find it funny that every opinion other than the unrealistic long views is totally trashed by longs. Name calling, posting bits of information that are out of context, and overall rudeness of some longs is unbelievable. Dave, I can read right thru you. You try to smarten up you post to try and gain credibility, but any seasoned investor can see right thru you and some other longs pie in the sky dreams. I could gauge your experience from the first post I read. I sat you down on the other board and you know I am right. Owning this stock does not make you and expert and wishing the price up doesn't work. It explains why the price can't hold...like right now...you are down again.
Be my guest. Too bad you don't have a position here, because I have been buying... therefore you wish you were selling? I don't get it. Look at the 1month, 3month, and 1year chart vs Aurc. This one need no pie in the sky pumping. Its a sleeping money maker.
Just like everything else about this company...its a scam. I will give you some advice for not only investing, but also life. Don't believe everything you read or hear! Surprised most here didn't cut off their weenies, drink poisen Koolaid, and catch the Hale-Bop Comet out of here. Especially the extra dilusional "bullbusch and stluc"... both big fans of dictatorship and Hugo Chavez. They both are as anti-American as you can get. I would be PO'd too if i didn't have the luxuries you can only experience in the US.
Wouldn't waste your time. This is a non-reporting pink...you can petition the SEC for delisting, however don't expect it to happen overnight. As far as a cash settlement. Buy a mega-millions ticket...your odds are better there. No lawyer would waste their time here.
Agreed. I made some chump change on this one...enough to buy a couple good RC Filets. It was hype flips. Seems DP did better than me, however you can stick a fork in this right now. Its done. No more hype left other than a quick uptick and downtick when SGDM makes their bogus offer. Would play that hype also, but then there is the SEC risk that is just way to big right now. Just like Kaiser Soze, this could be gone anyday and never come back.
OT: I would suggest do you DD on TENG. Dipped after large runnup and filing extension. 10k is due next friday, 10Q is due May 15th,(May 20th with extension) Good luck to longs. I feel for you. Hopefully the company will shore up their credability in the near future.
This has lost its legs and will go subpenny. Yesterday, there was an overwhelming feeling (from longs) that they have been duked, however that neverending long optimism remembered, we still have that buyout PR to hold onto so lets talk about that. Lets not criticize what a joke the financials were, lets not criticize the joke of a PR regarding a "rumored buyout", lets not criticize the BS gold shipments,(BTW-who bought it), lets not criticize the failure to deliver a dividend, lets not criticize the no-asset shell Stargold (which is the only place a buyout offer will surface seeing how this was clearly orchestrated in the last 6 months). Just keep up the optimism as it continues to go south. People here criticize the short players (none of them post here despite the bashing myths), however longs are the one's to blame for being so naive and filtering thier money to crooks.
Read my last post... because it was orchestrated from the beginning. Doesn't it strike you funny that 2create is the resident SGDM expert as well. Trust me, everyone is in it together.
Bid .06 Ask .063...we see low 5's today... BTW-There is a Stargold/Aurus connection. Sucks to get a valuable otcbb listing, just to get shut down by the SEC. Mark my words...this thing was orchestrated from the beginning. There will be an offer for Aurc based on valuation at the time. For example, if SGDM is 6.00 per share (inflated by scammeroos and AURC connections) and AURC is 6 cents a share, Aurc shareholders will get 1 SGDM share for every 100 AURC shares which will then be voided as SGDM is on a higher exchange. Already 2create is saying this would not be a bad thing because Aurc will be on a better exchange. Sad thing is SGDM does not have any real assets, neither does AURC. The selloff of SGDM will go quick all the way down to subpenny as they dump the remaining authorized shares into the market. Thats when the door shuts and these guys are vacationing for life in Barbados. Its how it works.
Wishfull thinking! The only hope of a buyout is from a company that has 0 assets, 0 revenue and no full time employees...Stargold Mines SGDM. What a joke. This is another Ruskie Scammeroo. I think that con will be played and of course longs will say its the best thing ever as the PPS continues downward towards .0001.
Hello, there is no buyout. On that note, does anyone know the post number of the pinky life cycle chart that someone posted here or on the NWOG site. You know the should have bought, should have sold captions... I would like to use it as an example in a seminar. Thanks
I nominate 2create for the pumper haul of fame. Here's to you,(As I lift my beer) the best there ever has been. Take that as a compliment...I wish I could influence a stock as well as you.
You guys are unreal. Are you serious that you think there is a possibitlity of a buyout? Or do you really believe? I'm starting to question that noone can be that naive so maybe you are just playing around being sarcastic? I hope?